News linked to both this project and an event.
According to official announcements, HertzFlow, a self-custodied leveraged trading protocol backed by Yzi Labs, announced that its mainnet has officially launched on BNB Chain, and the one-week Genesis Vault pre-deposit campaign has also kicked off simultaneously, with limited quota, first come, first served.
Odaily News "White-Haired Stock God" Serenity shared insights on the AI industry chain on the X platform, noting that AI infrastructure demand is driving multiple sectors—including storage, advanced packaging, computing power financing, optical communications, power supply, and electronic components—into a long-term expansion cycle. The AI supply chain remains in a phase of rapid growth.In the storage sector, Serenity cited UBS forecasts indicating that traditional DRAM manufacturers (such as Micron) could see gross margins reach an unprecedented 95% by 2027, potentially even surpassing the gross margin levels of HBM products. Additionally, SanDisk's long-term agreements already cover approximately two-thirds of its 2028 production capacity, with minimum contracted revenue reaching $93 billion. Given its current market cap of around $239 billion, this suggests its future revenue targets could persist for years, making it difficult to simply classify the company as a traditional cyclical stock.On the cloud computing infrastructure front, CoreWeave has signed agreements to use Nvidia A100 GPUs through 2029. This is a positive development for emerging cloud computing companies such as Nebius and Iren, and it also weakens some investors' bearish thesis centered on the rapid depreciation of older GPUs.AI model companies are also continuing to grow at a pace that exceeds expectations. Frontier AI labs are still maintaining extremely rapid growth rates, and a slowdown in growth would actually be a cause for concern. The market projects that Anthropic's 2028 revenue could reach $190 billion to $200 billion.However, advanced packaging and semiconductor infrastructure remain core bottlenecks. The head of advanced packaging at TSMC has stated that in the coming years, the industry may face not only memory shortages but also tight supply of ABF substrates.Serenity concluded that the AI infrastructure supply chain is continuously expanding. From GPUs, storage, and advanced packaging to power, optical communications, and electronic components, every segment is showing a long-term demand growth trend. The AI supply chain is still in a high-speed development stage.
Odaily News: BNB Smart Chain (BSC) has announced that the Pasteur hard fork will officially go live on the mainnet at 10:30 AM Beijing time on August 25 (02:30 UTC on August 25). Node operators are required to upgrade their clients to v1.7.7 in advance.This upgrade includes three improvements—BEP-682, BEP-695, and BEP-675—focusing on enhancing cross-chain security, validator governance mechanisms, and network throughput. Among them, BEP-682 will strengthen the BNB Chain cross-chain bridge verification mechanism, preventing permission bypass risks caused by duplicate signature counting by validators, thereby improving the security of cross-chain asset transfers. BEP-695 optimizes the validator key rotation mechanism, ensuring that old keys no longer retain management privileges after exit, while also fixing potential vulnerabilities related to slashing and governance voting.In terms of performance, BEP-675 reduces the time consumption caused by validators repeatedly executing transactions by optimizing the block construction process. In BNB Chain's internal QANet test environment, this solution increased throughput from 1,237 TPS to 2,324 TPS. While maintaining the 450-millisecond block time and the 100 million Gas block limit unchanged, the average Gas usage per block rose from 46.35 million to 84.15 million.BNB Chain stated that this upgrade is primarily aimed at validators and block builders, designed to provide greater capacity during network peak periods and advance the throughput expansion goals outlined in BNB Chain's roadmap for the second half of 2026.
Standard Chartered reports that Robinhood Chain is rapidly accumulating liquidity through Uniswap integration, with TVL approaching $1 billion, while driving UNI token annualized burn to $90 million.
Odaily News Robinhood's blockchain project, Robinhood Chain, has seen its total value locked (TVL) approach $1 billion. According to Standard Chartered analyst Geoffrey Kendrick, nearly all of its liquidity is provided by Uniswap V2, V3, and V4, making it the fastest-growing blockchain by this metric. Protocol fees generated by Robinhood Chain through Uniswap have now become the largest source of UNI burns. Since the Robinhood-related fee switch was activated on July 27, the annualized UNI burn rate has reached approximately $90 million. At roughly $3.50 per token, this equates to burning 25 million UNI annually, representing slightly more than 4% of the circulating supply. Robinhood Chain launched on July 1, with a focus on bringing real-world assets on-chain, and reached 194,000 daily active users within its first week. The partnership allows Robinhood to directly leverage mature DeFi infrastructure to provide liquidity for blockchain expansion. Robinhood is expanding its business into cryptocurrency, prediction markets, and tokenization. The company reported record second-quarter revenue and earnings, though cryptocurrency trading volumes and related revenue both declined. (Cointelegraph)
Odaily News: Flap has announced the launch of bBroker Vault, powered by bStocks, on BNB Chain, combining Meme coin trading activity with NFT yields and tokenized stock ecosystems through a new mechanism.Under this mechanism, users are required to pay a fixed fee in corresponding tax tokens to mint bBroker NFTs, and the tokens paid are burned directly. Subsequently, trading fees from quote assets flowing into the Vault are automatically allocated to a "dividend pool" and a "floor price pool," enabling NFT holders to continuously earn dividends in quote assets without staking or locking up.Meanwhile, each bBroker NFT carries an on-chain floor price backed 1:1 by assets in the floor price pool, and holders can sell the NFT back to the Vault at any time to exit. Flap positions this mechanism as a novel on-chain economic model integrating Meme coins, NFTs, and stock assets.
Odaily News: The U.S. Securities and Exchange Commission (SEC) plans to unveil two crypto-related initiatives in the coming days, while Congress's CLARITY Act remains stalled at least until September. The SEC is expected to propose "Regulation Crypto" at a public meeting on Friday, allowing projects to raise funds through token sales without completing full securities registration. The SEC also plans to introduce an "innovation exemption" for tokenized stocks, with details potentially released on Friday. The exemption would allow tokenized versions of stocks such as Apple, Tesla, and Nvidia to trade on the blockchain 24/7, with support for fractional trading and near-instant settlement. Such tokens typically track the economic exposure of the underlying stock but do not carry voting rights or dividend entitlements. The initiative falls under SEC Chairman Paul Atkins's "Project Crypto" agenda, with Robinhood Chain, Solana, and Base all having advanced related on-chain markets. (Decrypt)
Odaily News: Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network, stated that most DeFi protocols are no longer truly decentralized, with only a few niche areas still qualifying as DeFi. He believes DeFi has evolved into "on-chain finance" or "open finance." He pointed out that true DeFi should possess characteristics such as decentralization, immutability, and the absence of intermediaries, whereas the intermediaries in most current protocols have become corporations, taking on traditional financial institution roles such as decision-makers and risk committees. Cronje noted that this does not mean true DeFi has completely disappeared, as some protocols are still innovating. Data from DefiLlama shows that the total value locked (TVL) in DeFi has dropped from $167 billion in early October 2025 to $75 billion at the time of the original report over the past 10 months, a decline of more than half. In a working paper published in March, the European Central Bank (ECB) analyzed Aave, MakerDAO, Ampleforth, and Uniswap, finding that based on holding snapshots from November 2022 and May 2023, the top 100 addresses holding governance tokens in these protocols each controlled over 80% of the token supply. The ECB consequently questioned the level of decentralization of these DAOs and whether they should continue to be regarded as "fully decentralized" services exempt from the Markets in Crypto-Assets Regulation (MiCA). (Cointelegraph)
B.AI【代他人充值】功能正式上线。不仅能为自己快速充值，更可为团队成员或好友一键补充积分，灵活覆盖个人使用与团队协作多种场景。无需繁琐操作，只需输入对方邮箱或链上地址（兼容 TRON、EVM 及 Solana 网络），即可精准定位、实时到账。平台支付渠道同样多元，全面支持微信、支付宝、银联、Visa、Mastercard、Google Pay、Apple Pay 等法币通道，并同步兼容主流加密货币支付方式。充值即享返赠福利，通过 BNB Chain 充值可享 1:1 等额积分赠送，其他支付方式亦可获得 1:0.5 的丰厚返赠，单用户最高可领取 $100 额外奖励。即刻体验 B.AI 代他人充值功能，为团队高效赋能，轻松开启协作新体验。
Odaily News: The cross-chain bridge connecting XRP Ledger and Coreum was attacked on August 9. The attacker exploited a validation logic vulnerability to steal approximately 199,900 XRP, reducing the bridge's asset balance from roughly 200,400 XRP to 493.5 XRP. The attack did not involve private key leaks and did not target the XRP Ledger protocol itself. The attacker forged deposit operations, causing the bridge system to recognize them as legitimate deposits and triggering the bridge wallet on the other end to send real XRP. On-chain data shows that the attacker completed the fund transfer through 94 multi-signature authorization transactions within 97 minutes. These transactions required signatures from 17 of the 28 relay node keys, allowing the attacker to bypass the bridge's validation mechanism. As of August 11, the Coreum cross-chain bridge remains suspended, and the Coreum Development Foundation has not yet released an official incident report. The XRP mainnet and user private keys remain unaffected and secure.
: Pudgy Penguins co-founder Cole Villemain was voted out and removed from his role by the project's holders in January 2022. Early Tuesday morning, the 44,444-piece NFT collection Spritehood, launched by Cole Villemain on the Robinhood Chain, sold out in under an hour. According to on-chain transaction data, the NFT mint generated approximately $1.28 million in revenue. During the public mint, 37,430 NFTs were sold at $17 each, while another 5,526 were sold at $117 each, the latter corresponding to the $100 upgrade option available on the mint page. Based on these figures, total sales revenue amounted to $1.2829 million, equivalent to approximately 684.28 ETH at the contract's mint-time pricing. Prior to the paid sale, the contract deployer also free-minted 1,488 NFTs through 20 zero-price transactions.
Odaily News: Ondo Finance announced a partnership with Grvt, a hybrid decentralized trading platform built on ZKsync, to establish a $100 million position in Ondo USDY over the next year, expanding its on-chain fixed-income asset portfolio.Under the collaboration plan, Grvt will integrate USDY into its yield product, Grvt Earn. The platform will hold and manage USDY directly on its balance sheet, incorporating the associated returns into the unified base yield currently offered to users. This allows users to benefit from the yield without needing to purchase USDY separately.USDY is a yield-bearing tokenized security launched by Ondo Finance, primarily backed by short-term U.S. Treasuries, Treasury-based ETF shares, and bank deposits. According to RWA.xyz data, USDY is currently one of the third-largest tokenized asset products, with approximately $2.14 billion in assets under management and around 15,600 holders. (The Block)
据 Common 平台披露，Sushi DAO 发布 RFC 提案，拟对 SUSHI 代币经济模型进行全面重构。提案建议以更均衡的框架取代现行 xSUSHI 费用分配机制，具体包括：削减 xSUSHI 回购规模至可持续水平、通过每周定期购入 SUSHI 建立协议储备（SUSHI Reserve），以及将剩余协议收入划拨至 Sushi Ops 用于运营与增长。此外，提案还计划将部分协议流动性迁移部署至 Robinhood Chain。目前该提案处于 RFC（征求意见）阶段，尚待社区讨论与治理投票。
Odaily News: According to official sources, the Gate Alpha Zone Meme coin MARVIN (7777) has risen 29.98% over the past 24 hours. MARVIN is one of Musk's pet dogs, with a birthday on November 1st. Musk has posted about the dog multiple times and even celebrated its birthday on November 1, 2023. Users can trade it seamlessly with one click on Gate Alpha.Gate Alpha now supports public chains including SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, Robinhood, and Berachain, and enables frictionless cross-chain token trading via a contract address search function.
The minority fork supporting BIP-110 stalled after mining blocks 961,632 and 961,633. As of Monday, the main chain has advanced to block 961,725, with the minority fork lagging by over 200 blocks. Notably, Ocean Pool has enabled BIP-110 support signaling for miners by default since July, while the DATUM protocol allows individual miners to autonomously decide block content, enabling Simple Mining to make the opposite choice.
Odaily News: After forking at block height 961632, the BIP-110 minority chain has only mined two blocks, 961632 and 961633, and has since stalled due to inheriting Bitcoin's difficulty of approximately 127.48 trillion while receiving extremely low SHA-256d hash power. Pre-fork miner support was approximately 0% to 2.6%. BIP-110 supporters are discussing replacing the proof-of-work algorithm to break free from reliance on Bitcoin miners and SHA-256d hash power. Luke Dashjr has proposed selecting the final algorithm from a shortlist of candidates through a deterministic random process, with options under discussion including RandomX, KT256, BLAKE3, Scrypt, as well as CPU and GPU mining. No PoW changes have been enabled or approved yet, no algorithm has been selected or activation height announced, and Bitcoin Knots has not committed to adjusting the PoW. Relevant experimental code has been ported to the recent Bitcoin Knots codebase, but the BIP-110 minority chain has still not resumed block production.
Odaily News: The BIP-110-supporting Bitcoin minority fork chain split at block height 961,632, and stalled after mining only 2 blocks in approximately 8 hours. It is now over 80 blocks behind the Bitcoin mainnet. The fork chain inherited Bitcoin's current difficulty, but only approximately 2.53% of recent blocks signaled support for BIP-110, far below the 55% activation threshold required to avoid a fork. Bitcoin only adjusts difficulty every 2,016 blocks, and based on current hash rate, it is estimated that this chain would need approximately 350 days to complete its next adjustment. BIP-110 proposes to temporarily prohibit the inscription of non-financial data such as images and text in Bitcoin transactions. Michael Saylor stated that approximately 99.85% of Bitcoin's hash power remains on the mainnet; since both chains accept identical transactions, transactions on the minority chain could potentially be replayed onto the Bitcoin mainnet.
Odaily News: The Bitcoin network has experienced a fork due to the BIP-110 proposal. Nodes supporting the proposal rejected blocks at height 961,632 that did not contain a signal of support. As of now, the Bitcoin main chain has advanced to block 961,651, while the BIP-110 fork chain has only reached block 961,633, trailing the main chain by 18 blocks.BIP-110 is a one-year rule adjustment aimed at limiting non-financial data writes in Bitcoin transactions, including uses such as Ordinals inscriptions. The proposal requires that within a roughly two-week period of 2,016 blocks, at least 1,109 blocks (55%) signal support to activate, but the previous period only saw support from 51 blocks, accounting for 2.53%.Currently, the BIP-110 chain still needs more miner support to continue advancing. According to the rules, the chain must reach block 963,648 to lock in the rules, and will begin formally enforcing the restrictions at block 965,664, lasting approximately one year. (The Block)
Odaily News – Robinhood Chain has surpassed $800 million in total value locked and processed over 200 million transactions within a little over a month since its launch. Johann Kerbrat, head of crypto at financial services firm Robinhood, stated that the team chose an Ethereum Layer 2 network to leverage existing security and decentralization capabilities while focusing resources on product development. Robinhood Chain is part of Robinhood's push to bring brokerage services on-chain, allowing users to trade approximately 200 tokenized stocks, buy and sell real-world assets, lend and borrow stablecoins, and trade perpetual contracts on the network. Kerbrat noted that developer activity is also a key metric for assessing network adoption. Kerbrat said Robinhood Chain caters to financial products such as tokenized stocks and derivatives, while also supporting Meme coins to meet user demand and provide liquidity. Robinhood aims to attract users who have never used cryptocurrency before, rather than competing with other blockchains for existing users.
Odaily News Galaxy Digital and Sharplink have announced the joint launch of the Galaxy Sharplink Onchain Yield Fund. The fund is managed by Galaxy and has secured $125 million in committed capital at launch. Among this, Sharplink provides $100 million in staked ETH treasury backing, while Galaxy contributes $25 million.Galaxy CEO Mike Novogratz stated, "We are entering a new phase of institutional adoption, with capital shifting from passive holding to active participation in blockchain-based markets." Sharplink CEO Joseph Chalom added that the fund represents part of the strategic upgrade of its ETH treasury management.